Hospital Profile -


Provider Information

CHI HEALTH - MERCY CORNING Hospital POS Number 161304
603 ROSARY DRIVE Hospital Control Nonprofit - Church
CORNING , IA 50841 Hospital Type General Short Term
ADAMS Medicare Utilization Full Util
Hospital Location is Rural
Total Cost Report Beds 22
Cost Report 795339 6/30/2024 for 366 Days Cost Report Status is Submitted Total POS Beds 0

Key Performance Indicators (KPI)

Financial KPI's Operating KPI's
Current Ratio -0.2 Patient Occupancy Percent 14.0%
Days to Collect in AR 96.9 Days Avg Length of Stay (LOS) 6.9 Days
Avg AP Payment Days -303.7 Days Medicare LOS 7.2 Days
Days of Cash in Bank 2.4 Days Employee Avg Hourly Wages $0.00

Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets $3,919,704 Total Charges $38,685,230
Fixed Assets $5,185,272 Contract Allowance $14,158,446; 36.6%
Other Assets $5,303,940 Operating Revenue $24,526,784 63.4%
Total Assets $14,408,916 Operating Expenses $23,613,495 96.3%
Current Liabilities ($16,201,307) Operating Margin $913,289 3.7%
Long Term Liabilities $0 Other Income $2,004,801 8.2%
Total Equity $30,610,223 Other Expense $0 0.0%
Total Liabilities and Equity $14,408,916 Net Profit or Loss $2,918,090 11.9%

Cost to Charge - Worksheet B and C

Line Account Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care $3,144,774 $674,509 4.6623
31 Intensive Care Unit $0 $0
32 Coronary Care Unit $0 $0
43 Nursery $0 $0
44 Skilled Nursing Care $0 $0
50 Operating Room $1,248,455 $2,516,445 0.4961
51 Recovery Room $0 $0
52 Labor and Delivery Room $0 $0

General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures $239,939 13 Nursing Administration $280,505
02,03 Captial Related - Movable Equipment $349,615 14 Central Services and Supply $44,740
04 Employee Benefits $1,723,372 15 Pharmacy $258,292
05 Administrative and General $4,146,901 16 Medical Records and Medical Library $0
06 Maintenance and Repairs $0 17 Social Services $0
07 Operation of Plant $1,005,090 18 Other General Service Expense $0
08,09 Laundry, Linen and Housekeeping $252,753 19 Non Physician Anesthetist $211,360
10,11 Dietary and Cafeteria $207,838 20,21,22,23 Education Programs $0
Total General Service Cost Centers $8,720,405

Hospital Profile -